NTV Asset Management LLC trimmed its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX – Free Report) by 84.4% during the third quarter, HoldingsChannel reports. The fund owned 19,940 shares of the company’s stock after selling 107,918 shares during the quarter. NTV Asset Management LLC’s holdings in First Trust US Equity Opportunities ETF were worth $3,553,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FPX. Rockefeller Capital Management L.P. raised its stake in shares of First Trust US Equity Opportunities ETF by 5.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,738 shares of the company’s stock valued at $448,000 after acquiring an additional 139 shares during the last quarter. Montgomery Financial Services LLC acquired a new position in shares of First Trust US Equity Opportunities ETF during the second quarter worth $29,000. Patten Group Inc. lifted its holdings in shares of First Trust US Equity Opportunities ETF by 2.4% during the first quarter. Patten Group Inc. now owns 7,283 shares of the company’s stock worth $1,157,000 after purchasing an additional 170 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of First Trust US Equity Opportunities ETF by 51.1% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 529 shares of the company’s stock worth $87,000 after purchasing an additional 179 shares during the period. Finally, Fifth Third Bancorp bought a new stake in shares of First Trust US Equity Opportunities ETF in the first quarter worth $32,000.
First Trust US Equity Opportunities ETF Stock Down 0.5%
Shares of First Trust US Equity Opportunities ETF stock opened at $169.15 on Friday. First Trust US Equity Opportunities ETF has a twelve month low of $146.01 and a twelve month high of $206.18. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 32.81 and a beta of 1.29. The company’s fifty day moving average is $179.49 and its 200 day moving average is $184.02.
First Trust US Equity Opportunities ETF Company Profile
First Trust US IPO Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the IPOX-100 U.S. Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is a modified value-weighted price index measuring the performance of the top 100 United States companies ranked quarterly by market capitalization in the IPOX Global Composite Index. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.
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